Okay, so super-thug Bernie Madoff admitted that he conned several folks out of billions of dollars. Madoff ripped off some of the wealthiest people in the world. He may be sentenced to 150 years.

It's still mind-boggling that he was able to keep the scheme going for such a long time. Madoff ruined the net worth of a lot of people and several charities. Some folks accustomed to living the high life are now broke and highly ticked off. Madoff may be safer in jail.

To the best of his recollection, Madoff started this scam in the 1990's. He fooled a lot of people for a long time but he couldn't have kept the lies going by himself.

Bernie may have been the mastermind of this ginormous scheme but he wasn't alone. He should have been walking hand in handcuffed hand with the rest of his co-conspirators.

To keep the scam going, Madoff also had to rely on the folks charged with oversight: SEC, auditors, etc. to NOT do their job.

Investors should be angry with Bernie Madoff but there are a number of other folks who deserve their wrath also.

Sent via BlackBerry by AT&T